MicroBilt Corporation Joins London Bridge Group's BridgeLink eServices Network
MicroMerge Credit Reporting System Now Offered Through Diamond LOS
ATLANTA, GA -- (MARKET WIRE) -- 13-10-2003 --
London Bridge Group, a major global provider of
intelligent business software and eCommerce solutions, announces that
MicroBilt Corporation, a leading online provider of consumer and commercial
credit bureau data access, has joined the growing list of leading service
providers currently offering services through London Bridge Group's
eCommerce network, BridgeLink™, to provide credit reporting services to
London Bridge Group's Diamond™ customers. The BridgeLink network is an
XML-based technology solution that allows for easy system-to-system
integration with service providers offering seamless communication and a
bi-directional exchange of information and services. Diamond™ is a
web-based, comprehensive loan origination solution providing streamlined
functionality for mortgage lenders assisting them from point-of-sale
through secondary marketing and post-closing.
Credit reporting requests are automatically routed from the Diamond
system to MicroBilt's MicroMerge credit reporting system using the
strongest available security technologies. All credit results are available
for review before being electronically posted to the Diamond database. This
connectivity improves the overall efficiency of the origination process by
speeding external communication, eliminating error-prone manual processes
and reducing costs.
"MicroBilt is excited about our new alliance with the London Bridge
Group," states Ken Hill, President of MicroBilt. "Our MicroMerge credit
reporting product will provide BridgeLink-Diamond mortgage customers with
more advanced rules and formatting than most merged reports on the market."
"Having MicroBilt as a partner, through our BridgeLink eServices
Network, enables our customers to have a fully automated and seamless way
of requesting credit reports from the Diamond system," said Reggie Swiney,
vice president of product delivery for the Mortgage Division of London
Bridge Group. "The end result is a more efficient and effective way of
obtaining credit reporting data."
MicroBilt's MicroMerge system, in conjunction with Diamond and the
BridgeLink network, offer an easy, fast and secure way to process credit
reporting requests using the power of the Internet. This connectivity
continues to advance the technology of mortgage lending.
About MicroBilt Corporation
MicroBilt Corporation, a division of Bristol Investments, Ltd., is the
single source and preferred provider of decision critical information that
responsibly assists businesses in reducing risk and managing their
business. MicroBilt provides online access to consumer and commercial
credit bureau data with automated decisioning and collection services.
MicroBilt also offers additional data products, which include a basic
person search, criminal conviction, bankruptcy, liens, judgments, motor
vehicle, employment background and bank history reports at
www.CreditCommander.com or through a direct interface utilizing their
systems integration tool kit.
Also, a leader in proprietary financial data and analysis services
through their subsidiary Integra Information, subsidiary of MicroBilt, they
offer industry benchmarks, norms, valuation data, risk management tools,
and other private company financial data that helps companies get the
answers they need, when they need them. Another subsidiary, FIData Inc.,
offers instant online and call center lending solutions.
The company also enables businesses to enhance their content offerings
by delivering private labeled content or web sites to their established
online communities. MicroBilt is certified through and provides interfaces
with the three consumer bureaus, Equifax, Experian and Trans Union and the
two commercial bureaus, D&B and Experian Business. Formerly a First Data
Corporation subsidiary, MicroBilt Corporation, maintains offices in Georgia
and New Jersey.
For more information, contact MicroBilt Corporation, 1640 Airport
Road, Suite 115, Kennesaw, GA 30144. Telephone: 1-800-884-4747. Or visit
the company's website at www.microbilt.com.
About London Bridge Software Holdings plc
London Bridge Group has over 1200 customers worldwide and provides a
comprehensive and unique portfolio of software and eCommerce solutions
including Customer and Enterprise Management Software, Intelligent Banking
Software, Credit Management Software and Mortgage Lending software. In the
world of Mortgage Lending, London Bridge Group offers solutions to
streamline and enhance the entire loan process from Origination through
Servicing, Default Management and Construction Lending.
London Bridge Group has offices in Atlanta, Orlando, Fla., New York,
London, Stratford (UK), S. Africa, Australia, Singapore and Germany. The
company had revenues in excess of $89 million in 2002, more than 65 percent
of which originated in the United States. London Bridge Software Holdings
plc is listed on the London Stock Exchange.
For additional information on London Bridge Group's products and
services, contact Reggie Swiney at 3550 Engineering Drive, Suite 200,
Norcross, GA 30092, rswiney@lbss.com, phone 770.810.8204 or fax
770.810.8381. Please visit the company's website at www.london-bridge.com
or www.bridgelink.com.
CONTACTS:
Kathleen Houseman
MicroBilt Corporation
Phone: 770.218.4681
Email: Kathleen_Houseman@microbilt.com
www.london-bridge.com
Reggie Swiney
London Bridge Group
Phone: 770.810.8204
Email: rswiney@lbss.com
www.microbilt.com
